The concert, an annual event created by City Winery founder Michael Dorf will raise money for music education programs for underprivileged children. Beneficiaries include Church Street School of Music, the American Symphony Orchestra’s Music Notes, Center for Arts Education and Little Kids Rock.

“Prince is one of the most prolific songwriters in my collection, and he makes my Top 10 when I think about the artists who have truly shaped modern music,” Dorf said in a statement.

Now in its ninth year, the tribute concert will follow the same pattern of various musicians from different genres and styles reinterpreting the music of a legendary artist.

Sometimes the celebrated artists join in, as was the case in 2009 when members of R.E.M. joined Patti Smith for a rendition of "E-Bow the Letter" to close out their show. Last year's concert celebrating the Rolling Stones (who did not perform) featured Jackson Browne, Taj Mahal, Rosanne Cash and Art Garfunkel, among others.

More than 20 acts will perform for the Prince tribute show, with the rest of the lineup to be announced soon.